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Smart Agriculture Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Smart Agriculture Market SizeThe global Smart Agriculture revenue was US$ 4036.7 million in 2022 and is forecast to a readjusted size of US$ 7725.4 million by 2029 with a CAGR of 9.6% during the review period (2023-2029).
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In India, the Smart Agriculture revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period 2023-2029.
The industry's leading producers are Texas Instruments, AGCO Corporation and GEA Farm Technologies, with revenue ratios of 8.10%, 11.00% and 2.67%, respectively, in 2019.
This report focuses on global and India Smart Agriculture market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Smart Agriculture will continue to grow rapidly in the future.
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Global Smart Agriculture Scope and Market Size
Smart Agriculture market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Smart Agriculture market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2029.
For India market, this report focuses on the Smart Agriculture market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
By Type
• Smart Agriculture Sensor
• Smart Agriculture Robot
• Agricultural Drone
By Application
• Planting Agriculture
• Horticulture
• Livestock Monitoring
Key Companies
Texas Instruments, John Deere, AKVA Group, Robotics Plus, AGCO Corporation, GEA Farm Technologies, CropX, Trimble Inc, Yamaha, Lely, DeLaval, YANMAR, FarmBot, Raven Industries, AG Leader Technology, TOPCON Positioning Systems, AG Junction, Allflex, AeroFarms, Osram Licht AG, XAG, Kebai Science, Shenzhen High-tech New Agriculture Technology
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